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World

All the latest headlines from all regions of the world outside the NAFTA market.

Latest News

Rio Tinto Further Invests in Pilbara Capacity Expansion

04 August 2010 - Rio Tinto is to invest an additional US$790 million in its effort to expand the annual capacity of iron ore operations in the Pilbara to 330 million tonnes, bringing total investment funds approved in recent weeks to US$1 billion.

ArcelorMittal Announces Bond Issue Pricing

04 August 2010 - ArcelorMittal completes pricing of two series of U.S. dollar denominated notes, consisting of USD 1 billion aggregate principal amount of its 3.75% Notes due 2015, USD 1 billion aggregate principal amount of its 5.25% Notes due 2020, and a reopening of its 7% Notes due 2039 for USD 500 million aggregate principal amount.

ArcelorMittal Reveals Excellence Award Winners

04 August 2010 - ArcelorMittal has announced the winners of its annual Performance Excellence Awards for the 2009 financial year. Encompassing six categories, the awards were established in 2007 to celebrate excellence and innovation across the ArcelorMittal Group.

Kocks to Supply 3-roll Reducing & Sizing Block for Xuanhua Bar Mill

04 August 2010 - Xuanhua Iron & Steel has placed an order with Friedrich Kocks GmbH & Co for the supply of a 3-roll Reducing & Sizing Block for the facility’s small bar mill, one of five new rolling mills currently under construction.

ArcelorMittal Kryviy Rih Appoints New CEO

03 August 2010 - ArcelorMittal has appointed Rinat Starkov as the new CEO of OJSC ArcelorMittal Kryviy Rih, replacing Jean Jouet.

Rio Tinto to Invest for Next Stage of Simandou Iron Ore Project

03 August 2010 - Rio Tinto has approved US$170 million of further funding for the next stage of developing its Simandou iron ore project in Guinea, including mine, rail, and port infrastructure work. The investment takes effect immediately.

Air Liquide Expands Partnership with Severstal

02 August 2010 - The Air Liquide Group has signed a new contract with Severstal for outsourcing of industrial gases in Cherepovets. Production capacity of the new Air Separation Unit, which is scheduled to start-up at the end of 2012, will reach 2000 tonnes per day of gaseous oxygen.

Vallourec Plans to Expand Plant in China

02 August 2010 - Vallourec plans to expand its V & M Changzhou plant in China, enabling the production of 60,000 tonnes of seamless pipes per year to serve the local demand for power plants. Operations are expected to begin by mid-2012.

Evraz to Implement Coal Injection at its Russian Blast Furnaces

02 August 2010 - Evraz Group has begun to implement Pulverized Coal Injection technology in the production of pig iron at its Russian steel mills Zapsib and NTMK.

JSW Steel Dedicates Hot Strip Mill at Vijayanagar

02 August 2010 - The new state-of-the-art hot strip mill at JSW Steel Vijayanagar Works—said to be the widest and largest in India—was dedicated by Shri Virbhadra Singh, Hon’ble Minister of Steel, Govt. of India, on July 31. The new mill has 2250-mm width and a 1.5- to 25-mm thickness range.

Posco Opens New Processing Center in China

30 July 2010 - Posco has completed the construction of Posco-CLPC, the new processing center at the EU Economic Development Zone in Shenyang, China, and started operations the same day. The new facility will process 170,000 tonnes of steel annually.

Siemens to Provide Double-Strand Wire Rod Mill for Xuanhua

29 July 2010 - Xuanhua Iron & Steel (Group) Co., China, has contracted with Siemens VAI for the supply of a double-strand wire rod mill. Delivery is scheduled for the first quarter of 2011.

NLMK Launches New Environmental Project at Sintering Operations

29 July 2010 - Novolipetsk Steel is revamping the central dust collecting system for sintering machines No.3 and No.4, which it claims will cut total atmospheric dust emissions at the Lipetsk site by 28%.

Nippon Steel, BlueScope Steel Sign Joint Technical Collaboration Agreement

29 July 2010 - Nippon Steel Corp. and BlueScope Steel Ltd. have signed a long-term joint technical collaboration agreement to develop next-generation coated steel products for the global building and construction market.

JFE Steel, JSW Steel Take First Step in Strategic Cooperation

28 July 2010 - JFE Steel Corp. and JSW Steel Ltd. have signed agreements for JFE Steel to take an equity position in JSW Steel and to provide the Indian steelmaker with technical assistance. JFE Steel, through this partnership, now expects to participate on a full scale in India.

JFE Steel to Acquire Stake in Pancheng Yihong Pipe

27 July 2010 - JFE Steel Corp. has agreed with Pancheng Yihong Pipe Co. to acquire a 24% stake in the Sichuan, China-based processor of high-quality seamless pipes for oilfields, by purchasing newly issued shares. JFE Steel’s 24% share will turn the company into a JFE Steel affiliate under equity-method accounting.

Kobe Steel Completes 10,000-Tonne Forging Press

27 July 2010 - Kobe Steel, Ltd. has completed the construction of a 10,000-tonne forging press line at its Takasago Works in Hyogo Prefecture in western Japan. A manipulator, heating furnace, heat treatment furnace, crane, and other equipment were also installed.

SAIL Begins Revival of Jagdishpur Unit

27 July 2010 - Atul Chaturvedi, Secretary of the Ministry of Steel, Govt. of India, and Steel Authority of India Ltd. Chairman C.S. Verma laid the foundation stone of a TMT (thermo mechanically treated) Bar Mill of 150,000-tonne-per-annum capacity, as part of SAIL's plan to revive and develop the steel plant of former Malvika Steel Ltd.

Siemens to Modernize Long-Product Rolling Mill for Posco

27 July 2010 - Siemens VAI Metals Technologies has received an order from Posco Specialty Steel Co. Ltd. to modernize the long-product rolling mill in its Changwon Works. The modernization is scheduled to be completed by the end of 2011.

Tata Steel Presents Dextro Energy Triathlon London

26 July 2010 - Tata Steel was the presenting partner of the International Triathlon Union World Championship London in Hyde Park over the July 24-25 weekend. The centerpiece of the Tata Steel VIP area was a signature structure that showcased innovative steel design.

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